Bajaj Finserv Multi Asset Allocation Fund Direct Growth

Launch date13 May 2024
Allotment date03 Jun 2024
End date27 May 2024
NAV₹10.00

Expense ratio, exit load and tax

Expense ratio: 0.59%

Inclusive of GST

Exit load

Exit Load for units in excess of 30% of the investment,1% will be charged for redemption within 1 year.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹100
Min. for SIP₹500

Fund management

Vinay Bafna
May 2024 - Present
View details

Education
Mr. Bafna has done MBA, Finance
Experience
Prior to joining Bajaj Finserv Mutual Fund, he has worked with ICICI Securities Ltd
Also manages these schemes

Anup Kulkarni
Jun 2025 - Present
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Education
PGDM, B.E
Experience
Perior to joining the Bajaj FInserv AMC, he was associated with PineBridge Investments, Deutsche Asset Management, Axis Capital Ltd, Emkay Global Financial Services Ltd, Deutsche Bank, Hindustan Unilever Ltd.
Also manages these schemes

Fund house & investment objective

Rank (total assets)--
Total AUM₹33,148.49Cr
Date of Incorporation18 Oct 2021

Bajaj Finserv Multi Asset Allocation Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Bajaj Finserv Mutual Fund. This scheme was made available to investors on 18 Oct 2021. Nimesh Chandan is the Current Fund Manager of Bajaj Finserv Multi Asset Allocation Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹33,148 Cr and the Latest NAV as of 02 Apr 2026 is ₹11.86. The Bajaj Finserv Multi Asset Allocation Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500. Exit Load for units in excess of 30% of the investment,1% will be charged for redemption within 1 year. ;

Investment Objective

The scheme seeks to generate income from fixed income instruments and generate capital appreciation for investors by investing in equity and equity related securities including derivatives, Gold ETFs, Silver ETFs, exchange traded commodity derivatives and in units of REITs & InvITs. ;

Fund house contact details

Address
S. No - 239/2, 11th Floor, Office No. 1101 A and 1101 B,Sky One Corporate Park, Lohegaon, Pune, Maharashtra Pune 411032
Phone
--
Launch Date
18 Oct 2021

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